Panora, a French startup developing AI software for insurance brokers,
has raised $5 million in a seed funding round led by Isai. The round also
included participation from Kima Ventures, 100in, 199 Ventures and the founders
of Pennylane.
Founded by Diane du Paty and Fabian Langlet, Panora is building an
AI-powered execution platform that automates administrative and operational
workflows for insurance brokers. The platform is designed to handle repetitive
tasks such as document collection, quoting, compliance and commission
reconciliation, enabling brokers to spend more time advising clients.
The company developed the platform after conducting more than 200 hours
of interviews with insurance brokers across Europe, identifying manual data
entry and fragmented carrier systems as key operational bottlenecks. According
to Panora, brokers often have to work across numerous insurer portals that lack
modern integrations, making routine processes time-consuming and highly manual.
Designed for Europe’s regulated insurance market, Panora’s infrastructure
is model-agnostic and supports multiple AI models without relying on a single
provider. The platform includes traceable and auditable workflows, firm-level
data encryption and carrier-specific logic intended to improve reliability
while meeting regulatory and compliance requirements.
We sat next to brokers in Brest, Nice, Antwerp and London as they
re-typed the same information into fifteen different extranets. They all told
us the same thing: their job has become data entry instead of advice. Our
conviction is that AI should do the work while the broker keeps the advice, the
control and the accountability,
said Diane du Paty, CEO and co-founder of Panora.
Three months after its commercial launch, Panora says it has signed 40
broker clients, including several among the industry’s largest firms, as well
as international brokers and insurers.
The fresh funding will be used to expand the company’s technical team,
strengthen portal integrations, improve the reliability of its AI agents and
data infrastructure, and support expansion into additional European markets
following its initial rollout in France, Belgium and the UK.